Who is heather ridout

In the archives, more than news articles mention her name. The current government attracts her scorn. And their culture is a disaster because it is not based on transparency.

I think politics is a different world. Skip to navigation Skip to content Skip to footer Help using this website - Accessibility statement. Joanne Gray Managing editor.

Oct 28, — Save Log in or Subscribe to save article. Early deal on carbon reduction The Ai Group was prominent in the debates about the carbon price and mining taxes, reaching an early deal with members on carbon reduction scheme and supporting a carbon price. Print article License article. Follow the topics, people and companies that matter to you.

Find out more. Leadership lessons. Industrial relations. Australian economy. Heather Ridout. Connect with Joanne on Twitter. These changes pose governance and strategic challenges for boards and management and their interaction with investors. They are prompting boards of large listed companies to review their investor engagement strategies and resources. Summing up the scale of the shift, Greg Cooper, former CEO of Schroder Investment Management and a non-executive director, says the big super funds are likely to become financial institutions in their own right.

Applying a responsible investing lens, they will have a huge influence. Ridout, who is also a non-executive director of the ASX and Sims Metal Management, says the economic backdrop of this late phase of the economic cycle, rising geopolitical uncertainty and increased nationalism provides immediate challenges.

She also sees as big issues the arrival of distributed ledger and digital technologies as well as environmental, social and governance ESG considerations. Are boards aware of the forces coming at them. Are they risk-averse or open to new opportunities? Boards have to be agile and have diverse skills and personalities on them to deal with the issues. Some describe that as a shift in power.

When you have a fiduciary duty to manage risks and future cash flows over plus years, it behoves you to focus on the longer-term risks, including sustainability issues.